Building Materials Could Bamboo Be a Viable Alternative to Lumber? Utah-based builder Concord Homes is ditching traditional lumber and opting for bamboo for new-home construction. The reasoning goes farther...
Market Data + Trends New-Home Sales Take a Hit as Prices Rise Increased building costs, lead times, and unstable supply chains are pushing home prices up and homebuyers out. New-home sales in April...
Building Materials An Economist Explains Skyrocketing Lumber Prices Labor shortages, unexpected housing demand, and environmental issues are just a few of the reasons lumber and plywood prices have...
Building Materials How Long Will High Lumber Prices Last? Pricey lumber is here to stay—at least for the foreseeable future, says one lumber industry veteran. Kyle Little, chief operating officer at...
Building Materials Lumber Futures Dramatically Fluctuated Yesterday—Here's Why Lumber futures for July experienced a dramatic push and pull yesterday as prices fell 5%, then quickly jumped back up. Lumber futures fell...
Construction Builders Pull Back Due to Building Material Costs and Labor Issues Limited availability and rising costs of construction materials are creating a slowdown in housing production. Overall housing starts dipped...
Construction Single-Family Construction Drops Dramatically in April Amid intense homebuyer demand and a strong interest in newly constructed homes, single-family builders have slowed production by 13% in...
Building Materials Building Material Costs Are Top Concern Despite Builder Confidence While low existing home inventory, mortgage rates, and a growing number of prospective buyers keep builder confidence up, building material...
Construction Builder Confidence Remained Steadily Positive in April Single-family builder confidence remained unchanged this month from last, resting at a high 83 amid a hot housing market and rising building...
Sales + Marketing Escalation Clauses in Your Contracts: Yay or Nay? Escalation clauses may sound like a good idea to counter rising construction costs, but there's a better solution